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To: SJS who wrote (4862)10/31/1998 10:52:00 AM
From: articwarrior  Read Replies (2) | Respond to of 14427
 
"IF the bulls don't get their rate cut in NOV, look out below. This insanity is ALL based on the prospect for a rate cut. My bet is that Greenspan can't lower rates any more for a while until he sees the net effect of the two he just did."

The question I have is: If the fed would go so far to lower interest rates in order to help these mega companies and then the markets throughout the world climb so quickly..doesn't it seem likely that in order to straighten out all the hedging they would not lower the interest rate bar at this time in order for the hedges to fill up on the downside?